jay richards right refocuses crisis blame where it belongs, in washington. jay richards also reminds us that washington is a reflection of the goals and agendas that originate outside the beltway. for instance the agendas of sandler, the founders of gold and west and their identities charitable giving to harass competitors in the mortgage industry. jay richards touches upon this, let me emphasize my experience in financial regulation, its often far more about competitors trying to stifle competition than it is about protecting consumers. i emphasize in seven years on banking committee staff real battles were rarely about the taxpayer or the economy, they really were about big banks trying to stick it to the banks, wall street trying to stick it to commercial banks, insurers -- that is 85, 90% of what goes on, not how do we protect the taxpayer. very little about unfortunately, one of the results of the crisis and in my opinion one of the results of dodd-frank will be increased concentration in the financial-services industry. wayne abernathy mentioned how cr